Waipa Foundation is located in Hanalei, HI. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Waipa Foundation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waipa Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Waipa Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOST SIGNIFICANT PROGRAM SERVICE ACCOMPLISHMENTS DURING THE YEAR INCLUDED: IMPLEMENTING PROGRAMMING FOR CHILDREN AND YOUTH FROM THE LOCAL COMMUNITY - DURING THE SUMMER AND ON INTERSESSION BREAKS IN KINDERGARTEN THROUGH POST HIGH, WHICH FOCUSES ON ENRICHMENT, ACADEMICS, CONNECTION WITH FOOD AND THE LAND, LEADERSHIP, CULTURAL KNOWLEDGE AND JOB AND WORK SKILLS. WAIPA ALSO WELCOMED LEARNERS FROM OUTSIDE THE COMMUNITY ON EDUCATIONAL VISITS TO LEARN ABOUT HAWAIIAN CULTURE, PLANTS AND RESOURCE MANAGEMENT, ENVIRONMENT AND FOOD. WAIPA'S CAMPSITES, SPACES AND FACILITIES WERE ALSO MADE AVAILABLE FOR LOCAL FAMILIES ON CAMPING RETREATS AND CELEBRATIONS. DURING THIS YEAR, WAIPA SERVED OVER 1,000 LEARNERS AND FAMILIES.ANOTHER MAJOR ACTIVITY INCLUDED GROWING FRESH PRODUCE IN OUR GARDENS, AND PROCESSING POI IN OUR KITCHEN, BOTH OF WHICH ARE DISTRIBUTED WEEKLY AT AFFORDABLE PRICES (0%-60% OF RETAIL) TO SUPPORT THE FOOD SUSTAINABILITY OF WAIPA'S COMMUNITIES. OVER 5,000 LBS OF FRESH PRODUCE WAS GROWN, AND OVER 35,000 LBS OF POI PROCESSED DURING THIS YEAR. WAIPA'S FOOD TEAM DURING THIS YEAR BEGAN MAKING AND SELLING PREPARED FOOD ITEMS INCLUDING BAKED GOODS AND SAVORY ENTREES THROUGH ITS RETAIL SPACE ONSITE. ALL PRODUCTS CONTAIN LOCAL AND WAIPA INGREDIENTS. BAKED GOODS ARE PRICED AT RETAIL AND SAVORY ENTREES ARE PRICED AT 60% OF RETAIL AS SERVICE TO OUR COMMUNITY. SAVORY ITEMS PROVIDE LOCAL COMMUNITIES WITH HEALTHY, LOCAL, AFFORDABLE PREPARED FOODS. CUSTOMER FEEDBACK HAS BEEN OVERWHELMINGLY POSITIVE AND SO THESE ITEMS CONTINUE TO BE PRODUCED.MANAGING AND MAINTAINING THE LAND, RESOURCES, AND FACILITIES AT WAIPA BOTH TO INCREASE THEIR HEALTH AND PRODUCTIVITY, AND AS LEARNING SITES, INCLUDING STREAM MONITORING AND RESTORATION; FARMS, GARDENS, GREENHOUSE, AND TARO FIELDS AND THEIR RELATED INFRASTRUCTURE; COASTAL HABITATS, CAMPSITES, AND A FISHPOND; LOWLAND NATIVE FOREST RESTORATION AND MANAGEMENT; OPEN SPACES FOR COMMUNITY FESTIVALS, GATHERINGS AND EVENTS; FACILITIES FOR PROGRAM USE, TO MEET, GATHER, PREPARE FOOD, AND ADMINISTRATIVE USE FOR MANAGEMENT OF THE ORGANIZATION AND ITS PROGRAMS. IN TOTAL OVER 50 ACRES OF LEARNING SITES AND FARM/GARDEN AREAS, ALONG WITH THEIR ACCESS AND WATER AND OTHER INFRASTRUCTURE WERE MAINTAINED BY WAIPA STAFF TEAM. TO SUPPORT COMMUNITY BASED ECONOMIC DEVELOPMENT WAIPA PROVIDES AN INCUBATOR KITCHEN TO SMALL FOOD BUSINESSES, RAN ITS WEEKLY FARMERS MARKET ON TUESDAY AFTERNOONS, HOSTED A MANGO AND MUSIC FESTIVAL IN AUGUST, AND IN DECEMBER HOSTED A CHRISTMAS CRAFT FAIR. OVER 75 LOCAL FARMERS, CRAFTERS AND VENDORS WERE SERVED THROUGH THESE EVENTS. THE 2022 YEAR WAS ANOTHER BUSY AND AMAZING ONE FOR WAIPA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wallace Rezentes Jr President, Director | OfficerTrustee | 0.4 | $0 |
Dennis Chun Vice President, Director | OfficerTrustee | 0.2 | $0 |
Denise Wardlow Secretary, Director | OfficerTrustee | 0.2 | $0 |
Michelle Swartman Treasurer, Director | OfficerTrustee | 0.2 | $0 |
Lillian Watari Director | Trustee | 0.2 | $0 |
Donna Aana-Nakahara Director | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $35,000 |
Related organizations | $0 |
Government grants | $123,400 |
All other contributions, gifts, grants, and similar amounts not included above | $1,165,145 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,323,545 |
Total Program Service Revenue | $188,835 |
Investment income | $2,481 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,079 |
Net Gain/Loss on Asset Sales | $4,880 |
Net Income from Fundraising Events | $4,423 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $15,162 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,551,349 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $155,796 |
Compensation of current officers, directors, key employees. | $93,478 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $434,650 |
Pension plan accruals and contributions | $21,255 |
Other employee benefits | $30,915 |
Payroll taxes | $85,497 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,553 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $162,859 |
Advertising and promotion | $929 |
Office expenses | $18,785 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $53,673 |
Travel | $5,447 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $125,595 |
Insurance | $65,767 |
All other expenses | $0 |
Total functional expenses | $1,205,715 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $847,725 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $50,847 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $33,961 |
Net Land, buildings, and equipment | $1,555,148 |
Investments—publicly traded securities | $752,456 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,240,137 |
Accounts payable and accrued expenses | $28,699 |
Grants payable | $0 |
Deferred revenue | $3,870 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $22,158 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $54,727 |
Net assets without donor restrictions | $2,498,687 |
Net assets with donor restrictions | $686,723 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,240,137 |